Southwest Airlines LUV Return on invested capital

Return on invested capital at other companies

Delta Air LinesDAL

13.5%-0.3pp

United Airlines HoldingsUAL

9.9%-1.4pp

Alaska Air GroupALK

-2.4%-7.0pp

JetBlue AirwaysJBLU

-5.7%-19.3pp

ALG

Allegiant TravelALGT

3.6%+2.1pp

Frontier Group Holdings, Inc.ULCC

-3.4%-3.5pp

FAQ

What is Southwest Airlines's return on invested capital?

Southwest Airlines (LUV) reported return on invested capital of 8.1% in Q2 2026.

How has Southwest Airlines's return on invested capital changed year-over-year?

Southwest Airlines's return on invested capital increased by 252.2% year-over-year, from 2.3% to 8.1%.

What is the long-term trend for Southwest Airlines's return on invested capital?

Over 3 years (2020 to 2025), Southwest Airlines's return on invested capital has grown at a -55.7% compound annual growth rate (CAGR), from -32.4% to 2.8%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.